“Peace of mind from the financial impact of serious illnesses”
The Dread Diseases Insurance plan pays a lump sum amount (equal to the full sum assured) if the insured person is diagnosed for one of the covered 10 Critical Illnesses (listed hereunder).
The employer as the beneficiary from this insurance can make use of the awarded amount to benefit his employee in a number of ways, such as:

To subsidize the high cost of medical treatment if the illness is uncovered by the medical insurance or seeking of further consultation or more advanced procedures abroad (if needed) .

To compensate the employee for end of service.

To offer the employee an additional benefit, to be spent by him or her at own discretion during this hard time, be it to cover costs of proper convalescence or even costs of travel for relaxation or leisure.